Bitcoin Price Slides Below $9K as Trader Suggests ‘Technical’ Retrace
A lot of withdrawals are surfacing as Bitcoin reverses course to dip 8% from its 24-hour highs
Related Posts
CPI meets low BTC supply — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week barely clinging to $30,000 as a “bearish divergence” sets the tone.After a quiet weekend, BTC price action faces a potential pullback period within its broader bullish trend, traders say.What could be on the menu for the market this week? After a relative period of calm, external triggers are back…
Bitcoin ETF momentum runs out as crypto market enters summer slump: Report
After June gave Bitcoin (BTC) a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial victory against the United States Securities and Exchange Commission. XRP (XRP), the most obvious beneficiary, posted a monthly…
Flatcoiners should take a cue from TerraUSD’s fate
The post-COVID-19 era has brought the issue of inflation to the forefront, leading to increasing interest within the Web3 space for creating flatcoins, a close “cousin” of stablecoins designed to mitigate inflation risk.Many existing flatcoins, like Terra’s TerraUSD (UST) stablecoin, are algorithmically backed and therefore serve as a stark reminder of the risks associated with…
Major Spanish Energy Company to Use Blockchain in Renewable Energy Tracking
Spain’s major energy company, Iberdrola, has started using blockchain to track renewable energy, Spanish independent news agency Europa Press reports on Monday, Jan. 14.The first trial was conducted in cooperation with Kutxabank, a local bank based in the Basque Autonomous Community that owns a substantial part of Iberdrola's equity, and its subsidiary Cajasur.During the pilot,…
Emin Gun Sirer’s $42 million blockchain for DeFi scaling has launched
The platform's native asset began trading OKEx, Binance, and elsewhere shortly thereafter. Avalanche, a blockchain offering scalability to the world of decentralized finance took its mainnet live on Sept. 21. "From Snowflake to Avalanche, the decentralized platform has come a long way, and its journey has only just begun," Ava Labs said in a Sept. 21…
MAGA memecoin hints at another 'Trump pump' ahead of Bitcoin 2024 conference
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump's keynote at the upcoming Bitcoin 2024 conference in Nashville.
PayPal CTO: Crypto Still Needs to Prove Itself to Catch On
Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.Sri Shivananda — an eBay veteran who has been in his role at PayPal since 2016 — made his remarks at the Economic Times (ET) Global Business Summit, ET reported on March…
Binance Report: Bitcoin Decorrelated with Other Cryptos in Q2 2019
Bitcoin’s (BTC) has become less correlated with other cryptos in Q2 2019 due to a potential “flight-to-quality” in the recent bull run, according to a Binance report on crypto correlations released on July 5.In its “2019 Q2 Crypto-Correlations Review,” Binance specified that average correlation between Bitcoin and all other major crypto assets declined to 0.61…